Xanadu Quantum Technologies Limited

NasdaqGM:XNDU Stock Report

Market Cap: US$3.9b

Xanadu Quantum Technologies Valuation

Is XNDU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of XNDU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: Insufficient data to calculate XNDU's future cash flow value for valuation analysis.

Significantly Below Future Cash Flow Value: Insufficient data to calculate XNDU's future cash flow value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for XNDU?

Key metric: As XNDU barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for XNDU. This is calculated by dividing XNDU's market cap by their current book value.
What is XNDU's PB Ratio?
PB Ratio15x
BookUS$261.98m
Market CapUS$3.92b

Price to Book Ratio vs Peers

How does XNDU's PB Ratio compare to its peers?

The above table shows the PB ratio for XNDU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average5.2x
KVYO Klaviyo
3.4x82.44%US$4.0b
KEEL Keel Infrastructure
9.1x45.53%US$3.8b
PONY Pony AI
2.2x25.40%US$3.6b
BTDR Bitdeer Technologies Group
6x6.14%US$4.4b
XNDU Xanadu Quantum Technologies
15x-24.89%US$5.6b

Price-To-Book vs Peers: XNDU is expensive based on its Price-To-Book Ratio (15x) compared to the peer average (4.8x).

Historical Price to Book Ratio

Historical Price to Book Ratio compares a stock's price to the book value of it's equity over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Book Ratio vs Industry

How does XNDU's PB Ratio compare vs other companies in the US Software Industry?

39 CompaniesPrice / BookEstimated GrowthMarket Cap
OCTV Octave Intelligence
0.6x6.80%US$4.46b
XNET Xunlei
0.3xn/aUS$315.72m
TONX TON Strategy
0.6xn/aUS$189.38m
NXTT Next Technology Holding
0.2xn/aUS$110.58m
XNDU 15.0xIndustry Avg. 2.8xNo. of Companies39PB02.44.87.29.612+
39 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: XNDU is expensive based on its Price-To-Book Ratio (15x) compared to the US Software industry average (2.8x).

Price to Book Ratio vs Fair Ratio

What is XNDU's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

XNDU PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio15x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate XNDU's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

US$44.01
Fair Value
69.6% undervalued intrinsic discount
0
Number of Analysts

Analyst Forecast: Insufficient data to show price forecast.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/21 07:37
End of Day Share Price 2026/06/18 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Xanadu Quantum Technologies Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William Kingsley CraneCanaccord Genuity
Nehal ChokshiNorthland Capital Markets